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EasyJet Profit Forecast Disappoints

Quarterly Sales at Budget Airline Rose 8.6%

By

Robert Wall

July 24, 2014 5:10 a.m. ET

LONDON—EasyJet PLC on Thursday said it expects pretax profit to rise as much as 19% for its fiscal year despite the impact on travel from turmoil in Israel, Egypt and Moscow. The airline's shares, however, declined as the forecast fell short of analysts' expectations.

Europe's No. 2 budget airline forecast pretax profit for the financial year ending in September at £545 million to £570 million, or $929 million to $972 million,...